
Spring Festival Consumption Fuels China’s Economic Momentum
China’s Spring Festival boosts economic momentum as consumer spending soars in tourism, entertainment, dining, and retail sectors, reflecting robust growth and consumer confidence.
News & Insights Across Asia
China’s Spring Festival boosts economic momentum as consumer spending soars in tourism, entertainment, dining, and retail sectors, reflecting robust growth and consumer confidence.
During the Spring Festival, the Shaanxi History Museum welcomed around 125,000 visitors, highlighting the surge in cultural tourism across Shaanxi Province.
First-year student Mian Xukun and her family drove 10 hours to Chengdu to celebrate the Year of the Dragon, experiencing the city’s vibrant Lunar New Year festivities.
China activates emergency measures as heavy snowfall impacts multiple provinces, prompting weather alerts and heightened safety preparations during the post-Spring Festival travel peak.
Residents and tourists in Lanzhou celebrated the Chinese Lunar New Year with a vibrant fair by the Yellow River, showcasing traditional customs like dragon dances, folk music, and Hanfu photography.
China’s tourism industry saw a remarkable rebound during the Spring Festival holiday, with inbound and outbound trips nearing pre-pandemic levels and signaling a strong recovery in international travel.
Fifteen Yangge dance troupes in Hulunbuir, Inner Mongolia, competed during the Spring Festival, showcasing traditional Chinese folk dance with vibrant performances that captivated audiences.
With the arrival of the Year of the Dragon, the Chinese Archaeological Museum in Beijing remained open during the eight-day Spring Festival holiday, drawing visitors eager to explore dragon-related artifacts.
Chinese and French youths explore the similarities between their festival traditions, highlighting the importance of family reunions and cultural exchanges during the Spring Festival.
Bamboo raft tours on the Gongshui River in Xuan’en County offer visitors spectacular night views and folk performances, blending colorful lights, traditional buildings, and magnificent folk arts during the Spring Festival.
China reports a significant surge in travel during the Spring Festival holiday, with around 2.3 billion trips made and a record 9 billion expected by March 5, highlighting robust domestic mobility.
China’s economy experienced a significant boost during the Spring Festival holiday, with record-breaking travel numbers highlighting a surge in consumer confidence and economic activity.
China’s Spring Festival celebrations have sparked a surge in consumer spending, signaling a robust start to the nation’s 2024 economy and highlighting strong domestic demand and consumption upgrades.
Suzhou’s Panmen Scenic Area transforms into a dreamworld as ‘Honor of Kings’ partners with the Panmen Lantern Fair during the Spring Festival, captivating visitors with a fusion of tradition and modern gaming.
During the Spring Festival holiday, the traditional Chinese opera ‘Mu Guiying Takes Command’ drew crowds in Fuyang City, offering residents a chance to experience classical culture up close.
The Chinese mainland’s longest-ever Spring Festival holiday ended on February 17, marking a record-breaking surge in tourism that surpassed figures from both 2023 and pre-pandemic 2019.
As the 2024 Spring Festival approaches, China’s revitalized consumption market is poised to boost economic growth, with more people integrating travel and entertainment into their holiday traditions.
As the Spring Festival holiday concludes, China experiences a massive surge in travel as millions return to work or home, with record-breaking passenger numbers across highways, railways, and airports.
As China’s Spring Festival holiday concludes, transportation hubs across the country experience a surge as travelers return home, marking a new peak in passenger flow.
Brazilians in Sao Paulo are embracing the Spring Festival, joining global celebrations of Chinese culture with vibrant festivities in the city’s Chinatown.